Most likely you are if you didn't get a good enough deal.

Guess maybe I just got lucky before.I've spent the last 3 weeks on 2 applicants trying to get their verifications returned and then, once we're at the end or I'm giving up and saying it all looks good enough with what I have, they back out.

Do you need a track record, or will income/assets be good enough?

I have substantial student loan debt myself, but still have good enough credit to qualify for decent interest rates on credit cards, mortgages, car loans, etc.

The key to all of it is probably persistence - deals that are really good enough to make money on are out there, but they take a lot of work to find.

But sounds like that's not really good enough for you to have a deal.If you watch this property, the price will drop about once a month or so.

Your challenges will be two-fold:Finding REI friendly lender local to you, in your state.Finding a deal good enough to make up for the fact that the math isn't as generous with owner occupied 2-4 unit properties as it is with pure investment properties.

I don't anticipate any issues, but if you have something to share, I'd certainly like to hear it.My city just banned short term rentals, so I have to either get more of these lined up, or sell because the numbers aren't good enough for a long-term rental in that place.

Driveways, siding, soffits, plumbing, electric are all good enough to get that higher ARV appraisal w/o investment?

I’m really just trying to get a feel for the calculators and thought this either sounded too good to be true or just good enough to to work.